Please remember that past performance is not necessarily a guide to the future. Investments in any of the Funds mentioned in the site or Charles Stanley's range of investment products carry a degree of risk that is set out in the relevant full Prospectus. The value of your investments can fall as well as rise and you may get back less than you invested when you decide to sell your investments.
Investment Process
The Fund seeks to identify undervalued companies through its core philosophy of thorough balance sheet analysis. We rigorously adhere to a proprietary investment process derived from balance sheet based metrics. This focus leads us to stock ideas often overlooked by the market, specifically, those where the market is undervaluing a stock's asset base or a stock's return on assets.
Focus on the balance sheet
- We undertake a thorough analysis of the balance sheet in order to gain an in-depth understanding of a company's true assets and liabilities.
- Balance sheet strength defines future cashflow.
- Balance sheet analysis assists in avoiding value traps that appear cheap on PE and yield.
- Balance sheet metrics provide us with a valuation framework that allows us to evaluate the entire market.
Balance sheet based metrics that we use:
Valuation framework
Implementation: What we do on a daily basis
